I have been told that an IVA is my best option but I am not clear about it. How does an IVA work? Thanks
IVA Credit Rating - what's the affect of an IVA on my credit rating?
I am currently in year 3 of my IVA, recently a man from the IVA watch dog contacted me and discussed the option of becoming bankrupt and that i may have been mis sold my IVA. He also said that if i did go into bankrupcy and it it is proven that my iva was mis sold i can get all the money back i have paid so far?
I am due to sign an IVA in the next two weeks,but have today agreed to accept a £5000 claim for mis-sold PPI insurance.Can i bank this money and not notify the IVA firm as i have not yet signed the agreement yet,and can anybody check how much i will have in that account.
What happens if my IVA is not approved. I think this is my only chance of getting on with my life.
I am just going into my 3rd year of my IVA, will I be able to get a mortgage before the end of the repayments?